VSIP/VERA

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Q. I am a FERS employee. My organization offered a VSIP/VERA. I applied for the buyout but was denied because this offer was good for the first 100 technicians only. The memo did not state that it was for the first 100 technicians.  Can this be true?

A. Sure, it can be true. An agency can limit its offer to the level needed to reach its organizational objectives. That limit can be set ahead of time or imposed when the staffing reduction goals have been met.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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